Applications

AIDA
Projects provide short and long term positive gains to the community. In the short term, jobs are retained and
created as a direct result of the company's investment, both directly and
indirectly. An expansion by a company
provides lasting employment opportunities at that business while the
investment, usually in the form of new construction or equipment, provides
additional construction and supply jobs.

Additionally,
the community benefits from long-term new taxes that a project generates. While a tax benefit is provided as an
incentive to encourage the investment, the company or developer begin to pay
more taxes on the land and building than existed previously. AIDA projects never exempt any existing taxes
that the taxing jurisdictions collect today. All exemptions are on the "value add" or new investment resulting from
the project.

For
an example of how a typical AIDA projects work, please refer to the linked CASE STUDY.

Projects Currently Under Consideration And Recently Approved AIDA Applications: